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Sanyu Sony started a new business and completed these transactions during December.

Dec.		1		Sanyu Sony transferred $69,900 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock.
		2		The company rented office space and paid $1,700 cash for the December rent.
		3		The company purchased $13,800 of electrical equipment by paying $5,600 cash and agreeing to pay the $8,200 balance in 30 days.
		5		The company purchased office supplies by paying $700 cash.
		6		The company completed electrical work and immediately collected $1,400 cash for these services.
		8		The company purchased $2,620 of office equipment on credit.
		15		The company completed electrical work on credit in the amount of $6,000.
		18		The company purchased $430 of office supplies on credit.
		20		The company paid $2,620 cash for the office equipment purchased on December 8.
		24		The company billed a client $900 for electrical work completed; the balance is due in 30 days.
		28		The company received $6,000 cash for the work completed on December 15.
		29		The company paid the assistants salary of $1,800 cash for this month.
		30		The company paid $540 cash for this months utility bill.
		31		The company paid $920 cash in dividends to the owner (sole shareholder). Assets Liabilities Equity Date Cash + Accounts Receivable + Office Supplies + Office Equipment + Electrical Equipment = Accounts Payable + Common Stock Dividends + Revenues Expenses Dec. 1 + + + + = + + 2 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 3 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 5 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 6 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 8 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 15 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 18 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 20 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 24 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 28 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 29 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 30 + + + + = + + Bal. 0 + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 31 + + + + = + + Bal. $0 + $0 + $0 + $0 + $0 = $0 + $0 $0 + $0 $0

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